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<br /> � � 7�0l38f'1�1t �{tTt'H all tbe icoptuveier�ts no�v or'�Ra aa�ted on the`Q�ope�ty. aad df e��,n�, ;
<br /> � apjwtedwroa.�ts.coy�ities.minat�l,�oit a�d`Sas nEba�od Pcofus�wata ri�Ms�od stdck aud alt fixtures,aa�i4���� :
<br /> - . , p r t ot'tke�ropeety.Ail cepiaoen�eots�od additiaas`sh�lt also 6e c�vec+od by ti3s Sxurity I�ument. All of thli�faR!e�oiog.+is., '_.:
<br /> ; :efined to in this,Sa�r�rity Insormnent a4 the"Ymperty..• ,
<br /> HORAOWER COYl�NANTS th�t Botaowa is fawfully seisai of tBr atHe,herebY.c�n'tYod ar�d t�as the righf;to gr�at�:.; >.
<br /> mmreyF Ihe P�ope�ty aad tWt tEn Ftuperty is�baed.eaap�for et�eumbra�tis of rococd. Bomawu wat�t�aar�w�il�� ;:
<br /> „ defr.nd geetieplly the 6tk to the Pra�penY ag�itcst all ctaims aad d��nds.subjec�w wy eacumbr.�es of t�id. :; ..
<br /> l.Pl��a�t at lti�dp�t:tateeeu ad L�tt Ch�e►Borrawer s�U pay vY6ar due tbr principzt of,azd utit�ts.st 4n..tha:•. :�., .
<br /> debt a+idcrr�a¢6Y du Note ud tate darges da�under ti�e Nats:
<br /> 2..lrfo�tY= 1'��b af Taus. I�caoK and Ot�er t1ue�. Bomawer st�ll inctude in ach mo�NY��P�Yr1�t�. . :':
<br /> tbec¢her.witb dre principl.aod i�e�est as set fmth;n thc Note ud�y Iate cmrBts,an instailme�of any(a)ta�ri an�l:spocazi-: �-�:
<br /> — • issessments kviod ot w be ltvied aguinst the Pmper�Y. f�) teasebold payments or graund rmts,on the Prc�tty._and f,c,l.., ;:
<br /> _ . � ptemium4 for inwrLioe[�equicod bY P�+Sr+Pfi 4. . � .
<br /> -- - F�ch month[g instaltment for itern5(a},(d).atd�t�)sha11 equat one-twdfth o[tve annva!ama►nts.as reasot�ablY��=��::` _
<br />�Y`=-_ , bY lender.pias an amo�t sufficient to maintaiu aa additia�na!batanoe of not mote thue o�-sixth of tbe estia�atot�a�autits..7'be::,���
<br /> :'�' fuU�sra�al amount for r,ach itan sLa9! be aavmulated by La�der wiUrin a periud ending ane month before.att:ice�aoul�.;=,
<br /> - _- 6vooaie ddiu4oe�t. Lrnder sl�ll hold tl� amounts cdiectod ia tinst to pay items fa). (b). and fc) befoi�..tb��,6�oQa�,..-�`
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<br /> -- ` .I€at aay time tl�e total of the paymeats held by Lendtr for itetns(a}. N).a:d(c). togdher witb the;�wutz:,aw�h�'�i�},
<br /> ��'-� � PaYments for such items payabte to l.ender psiPr to the due dates of s�ch,items.eaceeds�3�sne thaa��,esti�tter3:;:
<br /> j ' amount of paymerus roquired to paY such itans wnen duc.and if payments an the Note are current, then Le�1er sha11 eit13CT;.: _-.
<br /> __ refund the exsess ov�o�e-si�h.di the estimated paymenu or cc�dit the excess over one�sixtb of the estin�d Pal�►ts la;,.
<br /> � : I � subsoquenE paYmems M►Bomawer,at the option of Borrower.lf the totai of ihe payments made by Borrnwer�oF item{a).,(b).;�; _-
<br /> or(c) is insufficient to pay the item wLen dae,then 8orrower shal) pay to l.ender arry amount necessary fo,maicc up,t6e;�:.
<br /> deficiency+on or before tl�date the item b000mes due. . -
<br /> `"'°�� Fis usad in this Sa��riry Ir�tiument,••Secretary•• m�rrs the Secret�y of Housidg and Ufian Aevelaprt�ior,hia,of he�: �
<br />-- d�3� In any year in wiuds.ti.s�Lender must pay a rr�#�Se insurance premium ta the Secrctary.each qxpnthiy;P�7��4;�
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<br /> sh�f':�iaclude est�ter:(i)s:s,[r��altment o�.the amnual martg,age insurance premium to be paid 6y Lender to t�e Secretary..or,, �;�,-
<br /> (iiT'a monthi� r�r�=�insiead of a mortga�e��s.5ssranoe premium if this Security Instrument is beid by tha.Sect�tar,�. �: �-�
<br />� 'a;. .;• -; : monttily itutallrna��zf.the mong�ge insuraao�premium shall be in an amount sufficien[to aecamWats the fuli�nnual m�lc�g3�: �rsa�:_�-
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<br /> insurance premium�ith I.ender one month prior to the date the full annual mortgage insurance prertaum is due to t}�c Secretazli*`
<br /> ` e-; , or if this Serurity Instrument is held by the Serretary. each monthly charge shall be in an amount equal to one-twelft4�df �
<br /> one-half percent of the outstanding printipal 6alance due on the Note. • , ;�•-:.-�
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<br /> Ii Borrower tenders to Lender the fiill payment of all suins secured by this Securiry Instrument.Bonowet's acoour.t.�tr�;l `���'�,.� `�
<br /> • '�+" ' be credited with the balance resnaining for all installmenu for items (a). (b), and (c)and any mortgaSe insi�rasuc�prem�r«=n ��"'�
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<br /> . inst�llment that Lcnder has na bsecome obligated to pay to the Secretary.and 1.ender shall promptly refund anY excrss futads�to �;�__
<br /> .��%.. Brim:��er. Mmediatety prior co a�fomctosure sale of the Property or its acquisition by L.ender. Barrower's:�ccaucst,shall+�x
<br /> -: ..�. , cr4ti'�with ang�°.�'_ance remaining far a11 irL`ts!lments for items(a).(b).and(a). . . �'"
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<br /> - ��';�``, ?;-', ' 3.Appiic�tiaA ot Pl�yments.Afl pay-: ,�rs under paragraphs 1 a�tcf���ral1 b�a�li�by Lender as follotvs: �'
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<br /> ' �' First.to the mortgage+nsurmce premium to be paid by L.ender to the Secr�tzr:erc�the manthly efiarg�by the Secr *e;.�y ',`;�:�-=�-
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<br /> - inQtead of the monthly mort�e�.zsuraace premium: "-•�j
<br />_�. .� "' Second.to any taxes,special assessments,leasehald payments or�mar.,i rer.ts.and fire.flood and othas:hazard iasttr�s,t�t _'� �
<br /> .,,.'. ''�- premiums.as requir�4: - �,,' .
<br /> , . : 7liird,to irneyest due un3e�che Note: , . :
<br /> ' '.; Fourih,to 2�nortization of tlie principal of the Note:
<br /> -- _ - - Fifth,t�lw:r'�arges d�e�nder the Note. � '
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